500 gram (16.0754 oz)64 oz sold |
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Out-of-stock |
Out-of-Stock |
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Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river". Platinum is one of the rarest elements found in the Earth's crust with annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated as South Africa accounts for over 80% of the world production.
The 500 gram Heraeus minted platinum bars is .9995 pure platinum and is guaranteed by the Heraeus.
Each bar is stamped with its exact weight and purity, and bears the Heraeus logo, an internationally recognized symbol of quality and sound provenance. The 500 gram platinum bar is one of the biggest sized platinum bar products in the market, thus premiums are one of the lowest. Each bar is encased and sealed in soft plastic sleeves.
Points computation: 1 bar = 160.80 points
Tier | 1 | 3 | 5 |
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Points required | - | 3,000 | 10,000 |
Price | SGD 35,104.41 | SGD 35,041.94 | SGD 34,979.47 |
Price/Gram | SGD 70.21 | SGD 70.08 | SGD 69.96 |
Price/oz | SGD 2,183.74 | SGD 2,179.85 | SGD 2,175.97 |
Percentage Over Spot (ASK PRICE) | 3.96% | 3.77% | 3.59% |
Buy/Sell Spread | 6.89% | 6.73% | 6.56% |
Duration | Storage Fee Per Parcel |
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6 months | SGD 75.98 |
12 months | SGD 151.95 |
24 months | SGD 303.91 |
36 months | SGD 455.86 |
60 months | SGD 759.77 |
Item | Cost Per Bar |
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Transfer-in and testing | SGD 96.00 |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.